Page 15 - Omc News Today

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. They discuss Wall Street's reaction to the FOMC decision. W

The dollar remained firm on Wednesday but softened slightly against the yen ahead of a much-anticipated rate decision by the Federal Reserve later in the day. The U.S. dollar index, which measures the greenback against a basket of rivals, stayed mostly flat at 105.13 as traders awaited the Fed's rate decision. Markets expect the Fed will almost certainly keep rates on hold at 5.25% to 5.50%, putting the focus on the central bank's forward guidance.

Macquarie Group Ltd. trimmed its holdings in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) by 13.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,587 shares of the business services provider’s stock after selling 2,965 shares during the quarter. Macquarie Group […]

Macquarie Group Ltd. lessened its position in Omnicom Group Inc. (NYSE:OMC – Free Report) by 13.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,587 shares of the business services provider’s stock after selling 2,965 shares during the quarter. Macquarie Group […]

Inflation isn't quite the beast it was last year, but rates may still go up.

The Federal Reserve kept interest rates steady on Wednesday's FOMC meeting, but signaled one more hike before the year ends.

Fed kept rates steady; target range remained at 5.25%-5.50% (as expected) Dot plots showed 12 of 19 expected policymakers (12 also called for one more hike i

Modest dollar weakness is emerging as the Fed begins their two-day policy meeting;  the euro is back above the 1.07 level, while the loonie is advancing below

"On November, we think that further labor market rebalancing, better news on inflation, and the likely upcoming Q4 growth pothole will convince more participants that the FOMC (Federal Open Market Committee) can forgo a final hike this year, as we think it ultimately will," the investment bank's strategists wrote in a report. Goldman’s strategists, however, wrote that they expect the Fed's "dot plot," which reflects policymakers' interest rate projections and...

AMF Tjanstepension AB purchased a new stake in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 19,100 shares of the business services provider’s stock, valued at approximately $1,817,000. Several other institutional investors have also made […]